US pharma tariffs to have limited impact in India: Govt to panel

The Union commerce ministry stated US tariffs on Indian pharma exports will have limited impact due to generic drug focus and similar tariffs on China. However, marine exports face a significant disadvantage from high US tariffs. India is actively diversifying export markets and pursuing FTAs to boost trade and reduce US dependence.

US pharma tariffs to have limited impact in India: Govt to panel
The Union commerce ministry stated US tariffs on Indian pharma exports will have limited impact due to generic drug focus and similar tariffs on China. However, marine exports face a significant disadvantage from high US tariffs. India is actively diversifying export markets and pursuing FTAs to boost trade and reduce US dependence.